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My friends this is wisdom spoonfed.

Damn, Friday was nearly a key reversal day. However almost is in horseshoes and handgrenades. Today was a real nowhere day which happens alot pre-FOMC. So in the mean time the Biggest of trends is up, the big trend is down and now we are neutral in the big and little trends waiting for a...

Took a week off into the no communication zone. Peeked at the markets and it appears to be doing a repeat of last August where it dribbled to intermediate highs first week then sold off into the end of the month. Interestingly "Sell the news" was in force as B of E raises and the market gaps...

Yeah but I'm gonna just let the flow show the way. I don't know any other way to time the market but to trade what you see. Good Luck

Strength Indicator not booming.

More vigor than anticipated with this rally. Bearish sentiment had really gotten too obvious I suppose. I did O.K. as I bottom fished tech equities and swung long some capital--now out. My futures short plays obviously were not successful although I scalped a few miglets then just watched it...

Gap down churn and fade. Sold, took meager profits now sitting flat. No edge.

Sure seems that way. A few thoughts: Predators attack weakness. That is to say the thin side of the market is always at risk of breech. After the second big day up off of an oversold market today we broke up but tentatively. As buyers retreat and the vultures and wolves start circling...

Singing "Dueling Programs" to the tune of "Dueling Banjos" YEEE HAAAA!!!!

New Bull or just "Bull?" We shall see. Spanked tech today. Swing traded equities for a change. Many issues were in the accumulation zone. But honestly this looks a bear market rally.

The breakthrough came after many years spent in the waters. Already an "expert" by proclamation by other less experienced surfers he on the otherhand knew he hadn't "got it" quite yet although he would catch a knowing glance from seasoned pros from time to time. Sort of a you're in the club...

Well the trade a few days ago above the "range" shelled out big dough. Then the bull trap down threw down some more coin. Now the Sif's played catch up this am with the Transports. With a substantial move out of the way so early it's easy to take the money and the rest of the day off. Good...

When slalom skiing how hard you push is determined by boat speed, rope length, skier preparation (strength, tiredness-- number of runs for the day/week), and especially water conditions. If the water is choppy experienced skiers SAVE THEIR ENERGY for the appropriate conditions. Some days are...

Definition of a bull trap.... See today's chart. We'll see what lies ahead. You make the call.

Well we tested the low of 6/14/06 today and had a healthy bounce. Now the question remains how far up do we travel before we test again and break. No man's land is our current range. Above or below would be the easier trade for swingage.

Are we there yet? Wake me up when we're down 20% from peak to trough.

News that may affect the market. These could contribute to a drop in an already shaky market. Hezbollah Rocket Barrage Kills 8 in Haifa JULY 16, 2006 Lebanese guerillas fired a relentless barrage of rockets into the northern Israeli city of Haifa during morning rush hour Sunday...

Selling and more selling. The anemic afternoon "rally" in the SPX doesn't qualify as strength. The question is now that we are heading for a test of the 6/14/06 low do we break and if so how far?

We'll see. I'm no guru but I'm thinking this ain't no bottom. I think you're watching another leg down which will break the 6/14/06 low. This week probably not but over the next few weeks I think additional selling is in the cards. JMHO.

Boy just when you threaten to close the bull trap thread down one of the best bull traps of the year sneaks in. Forgot who said this but I always liked it. "Bear markets are when any excuse for bad news precipitates a sell-off versus a bull-market where any good news is a reason to rally...